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1116 W Merchant Ave; Artesia, NM Property Details

1116 W Merchant Ave, Artesia, NM is a Single Family that was built in 1950. This property is currently Financed and is not for sale. Our records show that 1116 W Merchant Ave has 4 bedrooms, and a total of 1,732 square feet. The lot size of 1116 W Merchant Ave is 9,600 square feet.

Off market
1116 W Merchant Ave Artesia, NM 88210
$295,000 Listing Price
4 Beds
1,732 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1950
  • Purchase Price: $293,600
  • Open Loans / Balance: 1 / $289,656
  • Est. Equity / %: $-1,656 / -0.57%
  • Gross Yield: 12.025%
  • APN: 4152098045495
  • Situs County: Eddy
  • Length Of Ownership: 1 months

Rooms

  • Bedrooms: 4

Measurements

  • Total: 1,732/SqFt
  • Lot: 9,600/SqFt
  • Living: 1,732/SqFt
  • Building: 1,732/SqFt
  • Price Per Square Foot: $169.52

Legal Description

  • Description: SUBD: SPENCER ADDITION LOT: 16 BLOCK: 1
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Artesia Public Schools
  • Lat / Lon: 32.843643 / -104.411224
  • Subdivision: Spencer Addition
  • Property Class: Residential
  • County Use Code: 0120

Amenities

  • Plus Four: 1847

Ownership Info

1116 W Merchant Ave has no associated ownership info
1116 W Merchant Ave has no associated ownership info.

Taxes

1116 W Merchant Ave has 10 associated Taxes items

1116 W Merchant Ave, Artesia, NM pays taxes in Eddy County, NM. The most recent tax assessment records are from 2026 and show that the current assessed value of the property is $81,299. The APN we've located for 1116 W Merchant Ave is 4152098045495.

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Taxes
  • Assessed Value:  $81,299
  • Assessed Year:  2026
  • Assessed County:  Eddy
  • APN:  4152098045495
  • Assessed Land Value:  1344
  • Market Land Value:  4032
  • Tax Amount:  1706.42
  • Tax Year:  2025
  • Market Value:  243897
  • Market Year:  2026

Tax History

1116 W Merchant Ave has 10 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $81,299 Land Value $1,344 Improvement Value $79,955 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $1,706.42 Change Rate -0.013835% Assessed CR Tax Rate
Year 2024 Assessed Value $76,633 Land Value $1,344 Improvement Value $75,289 Tax Amount $1,730.36 Change Rate -0.025072% Assessed CR Tax Rate +0.02258%
Year 2023 Assessed Value $77,488 Land Value $1,344 Improvement Value $76,144 Tax Amount $1,774.86 Change Rate -0.062567% Assessed CR Tax Rate +0.022905%
Year 2022 Assessed Value $75,594 Land Value $1,344 Improvement Value $74,250 Tax Amount $1,893.32 Change Rate +0.378283% Assessed CR Tax Rate +0.025046%
Year 2021 Assessed Value $53,224 Land Value $1,344 Improvement Value $51,880 Tax Amount $1,373.68 Change Rate +0.036489% Assessed CR Tax Rate +0.025809%
Year 2020 Assessed Value $51,674 Land Value $1,344 Improvement Value $50,330 Tax Amount $1,325.32 Change Rate +0.358216% Assessed CR Tax Rate +0.025648%
Year 2019 Assessed Value $38,260 Land Value $1,344 Improvement Value $36,916 Tax Amount $975.78 Change Rate +0.314465% Assessed CR Tax Rate +0.025504%
Year 2018 Assessed Value $28,120 Land Value $1,469 Improvement Value $26,651 Tax Amount $742.34 Change Rate +0.196435% Assessed CR Tax Rate +0.026399%
Year 2017 Assessed Value $27,301 Land Value $1,513 Improvement Value $25,788 Tax Amount $620.46 Change Rate Assessed CR Tax Rate +0.022727%